Antpool, one of the world’s largest mining pools, has announced that it will no longer manage Ethereum accounts after The Merge is implemented.
“As ETH 2.0 (The Merge) comes along with the risk of censorship among different countries, Antpool, for the sake of clients’ asset security, will not be able to maintain the user’s ETH assets on the PoS chain,” the mining pool operation detailed on Saturday. Antpool also mentioned that the pool advocates decentralized proof-of-work created by Satoshi Nakamoto and it “fully supports BTC, ETC and other PoWs tokens.”
Antpool added: Antpool will continue providing Ethash mining pool services for users who plan to keep mining Ethash tokens like Ethereum Classic, and will make every effort to ensure hash power stability and asset security.
Since Antpool's CEO announced on July 26 that the company had invested $10 million to support the ETC ecosystem, ETC's market capitalization and network-wide hash rate have skyrocketed, especially since the hash rate hit another record high of 46.04TH/s on August 27.
According to the analysis, ETC is likely to surpass that record again in the near future, in addition to the 975.15 TH/s hash rate that still points to the ETH network today. Although there are several different Ethash-backed coins, ETC has been the main beneficiary of The Merge so far.
Currently, ETC has also managed to climb from the 20th largest market valuation to the 19th. ETC has managed to climb 61.2% higher against the U.S. dollar during the last 30 days. In fact, ETC’s price rise over the past month is higher than ETH’s 18.4% rise in the same time period.
This month, JASMINER, the world's leading ETC hash rate provider, released the new version of JASMINER X4-Q, which allows users to get an ultra-high hash rate of 1040MH/s±10% with only 480w±10% power consumption, plus a unique<40db silent design, making it the most powerful ETC miner in the emerging market in one leap.
The new JASMINER X4-Q also continues to use the innovative 3U form, which is more expandable, and has a new and improved dual-fan cooling noise reduction system that reduces the noise value to less than 40dB, which is comparable to a home computer mainframe, and can be placed in a family room or IDC room without the slightest perception of noisy sound. The JASMINER X4-Q solves the problem of huge noise and power consumption from mining, and can bring miners a more extreme quiet enjoyment.
At present, the good news of ETC keeps emerging, both the hash rate ecological construction of big mining pool capitalists and the climbing market value have created excellent development opportunities for ETC miners. Now it is the most profitable investment to get an ETC miner that is not only energy efficient, but also as quiet as a home computer. With the upgraded high throughput chip architecture and more flexible and expandable structure design, JASMINER X4-Q can better meet the ETC mining needs and provide ETC miners with higher hash rate, lower power consumption and lower noise product experience.